Aavrani on Republic

Source Node: 813518

Analytics

Raised to Date: $428,744

Aggregate Commitments $

Total: $' + total_amount_formatted + '

'; return(hover); }, resize: true, smooth : false, verticalGrid: true }); jQuery('#analytics-tabs').on('change.zf.tabs', function(e) { if(jQuery('#deal_basics:visible').length){ totalChart.redraw(); jQuery(window).trigger('resize'); } }); });
Platform

Republic

Start Date

10/03/2019

Close Date

12/24/2019

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation

$5,000,000

Rolling Commitments $

Prior period: $' + weekly_amount_formatted + '

'; return(hover); }, resize: true, smooth : false, verticalGrid: true }); jQuery('#analytics-tabs').on('change.zf.tabs', function(e) { if(jQuery('#investment_momentum:visible').length){ weeklyChart.redraw(); jQuery(window).trigger('resize'); } }); });
Status

Funded

Reporting Date

12/31/2019

Days Remaining

Funded

% of Min. Goal

1,715%

% of Max. Goal

40%

Likelihood of Max

Funded

Avg. Daily Raise

$5,229

# of Investors

1,063

Momentum

Funded

Log in or create a free account today to gain access to KingsCrowd analytics.

Location

Industry

Beauty & Personal Care

Tech Sector

Aavrani, a premium skincare brand with a valuation cap of $5 million, is raising funds on Republic. The products of Aavrani are inspired by natural and ancient Indian beauty rituals. The company also supports young women’s education by sharing a part of its earnings with the Shanti Bhavan School in India. The beauty ritual of Aavrani is a four-step process, including glow-activating exfoliation, balance restoring serum, softening hydra-whip, and eye rejuvenating elixir. Aavrani was founded by Justin Silver and Rooshy Roy in December 2017 and has raised $1.25 million in previous rounds of funding. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. Aavrani has over 500 five-star reviews on its products, with a 30% repeat purchase rate. It reached more than $1 million in revenues in 2019, with a gross profit margin of 84%.

Source: https://www.crowditz.com/2019/10/aavrani-on-republic/

Time Stamp:

More from Crowditz

Home

Source Node: 2969706
Time Stamp: Nov 11, 2023